Links 7/25/2024

Kansas biologists find ‘super rare’ threatened species in the mouth of a hungry toad KSNT (RK).

11 Extraordinary Sharks That Live in Deep Sea Waters ZME Science

How private equity tangled banks in a web of debt FT. Commentary: Private Equity Puts Debt Everywhere Matt Levine, Bloomberg.

Private Equity Gets Creative to Buy Time for More Gains. Clients Say Pay Me Now Bloomberg

Private equity is devouring the economy as boomer entrepreneurs exit—but a new approach to employee ownership can change that Fortune

Climate

High Wet Bulb Globe Temperature Danger Arctic News

What It Feels Like When You Have Heatstroke Outside

Trees reveal climate surprise: Microbes living in bark remove methane from the atmosphere Phys.org

Syndemics

2024 Paris Olympics hit by early COVID cases, but organizers don’t seem worried by risk of major outbreak CBS. Commentary:

More commentary:

China?

China aims to step up Russian energy cooperation despite US sanctions calls South China Morning Post

Sold A False Dream: Inside China’s Derelict Housing Developments China Spotlight

Why Is Bangladesh On The Boil? Free Press Journal

Commentary: Bangladeshi students revolt, but wider movement against the government looks unlikely Channel News Asia

Myanmar

Myanmar Is Running Out of Gas. What Happens Next? The Diplomat

Mourning James C. Scott, a Sterling anarchist and friend of Myanmar Frontier Myanmar

Espionage and Sabotage: The Truth About the Ninja Nippon.com

The Great Game

U.S. military representative will serve as an advisor in Armenia’s Ministry of Defense JAM News

Syraqistan

Highlights: Netanyahu addresses Congress (video) Politico. Commentary:

Total: 58.

Netanyahu urges unity, but stirs a firestorm inside and outside Capitol The Hill. Commentary:

More Commentary:

Watergate Hotel sanitized after maggots released to protest Netanyahu stay The Hill. Commentary (2020):

* * *

How Israel is shrinking Gaza’s ‘safe zones’ Al Jazeera

‘Soldiers! Soldiers! Soldiers!’ The Floutist

Gaza as a Blurred, Empty World in an Israeli Reservist’s Paintings Haaretz

* * *

An Untold History of Joe Biden’s Support for Israel Branko Marcetic, In These Times

New Not-So-Cold War

War in Ukraine: ‘Russia is advancing, but it’s a matter of infantry advancement, not a war of movement’ Le Monde

Ukraine War Map Shows Two Battalions at Risk of Encirclement: ‘Alarming’ Newsweek

SITREP 7/24/24: General Syrsky Shocks With News of Russian Armor and Troop Surges Simplicius the Thinker

* * *

Fitch downgrades Ukraine’s rating to ‘C’ Anadolu Agency

EU discusses indefinite freezing of Russian assets to secure G7 loan for Ukraine Ukrainska Pravda

Ukrainians strip out Tesla batteries to keep the lights on FT

* * *

War in Ukraine: Can China use its clout to play peacemaker? Deutsche Welle

What one Moscow square says about Russia’s worsening relations with West BBC

Winds of Change: Ukrainian Politics Reacts to the US Electoral Drama The Wilson Center

* * *

Rheinmetall officially receives order from Ukraine to build ammunition factory Ukrainska Pravda

* * *

NATO Grapples With a New Long Game Against Putin Foreign Policy

The NATO Declaration and the Deadly Strategy of Neoconservatism Jeffrey Sachs, Common Dreams

Biden Administration

FAA Launches Audit of Southwest Airlines After Close Calls WSJ

2024

Joe Biden says he is ‘passing the torch’ to save US democracy FT

Biden sidesteps hard truths in first speech since quitting race BBC

The Wreckage Biden Leaves Patrick Lawrence, Consortium News

Our Famously Free Press

When mainstream media swallows consultancy garbage Terry’s Substack

Digital Watch

CrowdStrike fiasco highlights growing Sino-Russian tech independence The Register

* * *

AI models collapse when trained on recursively generated data Nature. From the Abstract: “We find that indiscriminate use of model-generated content in training causes irreversible defects in the resulting models, in which tails of the original content distribution disappear. We refer to this effect as ‘model collapse’ and show that it can occur in LLMs as well as in variational autoencoders (VAEs) and Gaussian mixture models (GMMs). We build theoretical intuition behind the phenomenon and portray its ubiquity among all learned generative models. We demonstrate that it must be taken seriously if we are to sustain the benefits of training from large-scale data scraped from the web.” Autocoprophagy, as I have said since the beginning of the AI bubble.

OpenAI training and inference costs could reach $7bn for 2024, AI startup set to lose $5bn – report Data Center Dynamics

VCs are still pouring billions into generative AI startups Tech Crunch

Boeing

Boeing Gets Flurry of Orders at International Airshow WSJ

Boeing not yet facing clear skies in China even as deliveries resume, executive visits South China Morning Post

US files details of Boeing’s plea deal related to plane crashes. It’s in the hands of a judge now AP

The Final Frontier

Mercury has a layer of diamond 10 miles thick, NASA spacecraft finds Space.com

Supply Chain

Two Swiss lawyers take aim at flags of convenience in new book Splash 247

Groves of Academe

What’s a University Worth? (excerpt) Doomberg

Imperial Collapse Watch

Loss of empire, loss of lucidity Pearls and Irritations

Fa-Fa-Fa-Fa-Fashion

Amazon’s foray into ultra-fast fashion will be a seismic shift in e-commerce Fashion United

Class Warfare

Americans are falling behind on their car payments FOX

39% of Americans worry they can’t pay the bills CNN

The era of privatisation is nearly over. But cleaning up the mess left behind will take years Guardian

At The Money: Behavior Beats Intelligence (transcript) The Big Picture

US markets suffer worst day since 2022 as Tesla and AI stocks fall FT

Antidote du jour (Biscutella):

See yesterday’s Links and Antidote du Jour here.

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About Lambert Strether

Readers, I have had a correspondent characterize my views as realistic cynical. Let me briefly explain them. I believe in universal programs that provide concrete material benefits, especially to the working class. Medicare for All is the prime example, but tuition-free college and a Post Office Bank also fall under this heading. So do a Jobs Guarantee and a Debt Jubilee. Clearly, neither liberal Democrats nor conservative Republicans can deliver on such programs, because the two are different flavors of neoliberalism (“Because markets”). I don’t much care about the “ism” that delivers the benefits, although whichever one does have to put common humanity first, as opposed to markets. Could be a second FDR saving capitalism, democratic socialism leashing and collaring it, or communism razing it. I don’t much care, as long as the benefits are delivered. To me, the key issue — and this is why Medicare for All is always first with me — is the tens of thousands of excess “deaths from despair,” as described by the Case-Deaton study, and other recent studies. That enormous body count makes Medicare for All, at the very least, a moral and strategic imperative. And that level of suffering and organic damage makes the concerns of identity politics — even the worthy fight to help the refugees Bush, Obama, and Clinton’s wars created — bright shiny objects by comparison. Hence my frustration with the news flow — currently in my view the swirling intersection of two, separate Shock Doctrine campaigns, one by the Administration, and the other by out-of-power liberals and their allies in the State and in the press — a news flow that constantly forces me to focus on matters that I regard as of secondary importance to the excess deaths. What kind of political economy is it that halts or even reverses the increases in life expectancy that civilized societies have achieved? I am also very hopeful that the continuing destruction of both party establishments will open the space for voices supporting programs similar to those I have listed; let’s call such voices “the left.” Volatility creates opportunity, especially if the Democrat establishment, which puts markets first and opposes all such programs, isn’t allowed to get back into the saddle. Eyes on the prize! I love the tactical level, and secretly love even the horse race, since I’ve been blogging about it daily for fourteen years, but everything I write has this perspective at the back of it.

152 comments

  1. Antifa

    Trump’s too uncouth for the empire
    They prefer war sounds sweet, like a church choir
    The difference, I guess
    Is Trump had a near miss—
    He’s now been on the wrong end of gunfire

    An old man with orange on his face
    Overdue for Death’s gentle embrace
    Trump won’t die from a bullet
    But a KFC pullet—
    That will be his deep-fried coop de grace

    Trump is five-foot-ten two-eighty-five pounds
    He devours Big Macs, making animal sounds
    On his stone epitaph
    He will leave us a laugh—
    ‘Stay one step ahead of the hounds’

    Some are intrigued by his wealth
    Some by his cunning and stealth
    Big Macs and fried chicken
    And his fat finger lickin’
    Leaves me oh so concerned for his health

    JD Vance sees his chance through succession
    ‘A heartbeat away’ is the expression
    Donald lying in state
    Well-coiffed and sedate
    Means two terms reward JD’s discretion

    1. Samuel Conner

      Thank you.

      It is probably a mistake to credit D Party leaders with this much foresight, but it’s an amusing thought that JRB’s infirmities might actually turn out to be politically useful to the Party, inasmuch as they have elicited, prior to JRB’s withdrawal from the 2024 race, a significant amount of negative commentary from DJT which can now be turned against him, since he will be older than JRB now is by the end of a 2025-2029 term.

      Perhaps this is a subtext of the apparent irritation that JRB is no longer the top-of-ticket punching bag. “Oh sh!t! Now I’m the oldest candidate in history!”

      Probably they don’t think this far ahead and it’s simply a case of moldy lemons turning out to make surprisingly palatable lemonade.

      I wonder whether the D Party powers will pressure JRB into taking a comprehensive cognitive assessment (calling DJT’s bluff) and use that as grounds to install Harris as POTUS.

      I do think that this kind of assessment is a good idea for POTUS candidates. Perhaps a new normal is in view.

      1. urdsama

        It’s a double edged sword.

        Accusations of not being ready to make the hard choices can be levied again Harris as she knew the state Biden was in but said nothing.

        Nobody looks good in this morass of compromised politicos.

      2. Antifa

        If we test Presidents for cognition
        To see which ones are in poor condition
        What Biden was hidin’
        While slippin’ and slidin’
        Won’t become the next White House tradition

  2. JohnA

    Re What one Moscow square says about Russia’s worsening relations with West BBC

    I always have to laugh when I see any post or article from the chief BBC Moscow propagandist Rosenberg. He simply cannot help himself from insisting on putting some anti-Russia, anti-Putin spin on everything. In this instance he mentions Moscow’s Kiev Railway Station, and he has to call it ‘Kyiv Railway Station’. Which it absolutely will not be called in Russia. Bless him. He gets more ridiculous by the day.

    1. jsn

      Bagdad Bob benefited from a quick collapse.

      Clowns like Rosenberg have to keep at it year after year.

      Bobs still around, he’s 83. Here’s to long life on the losing side!

    2. El Slobbo

      As a child studying Ukrainian, when we were writing in English we wrote Kiev and pronounced it in the Anglicized version of the Russian pronunciation, on the basis that this is how it works in English. Kyiv popped up out of nowhere a few years ago, along with journalists mangling that pronunciation just as badly as they mangled Kiev previously.
      It’s a sign of a failing political system when the professional busybodies of that country decide it should be their priority to change how English is spoken. “The Ukraine” versus “Ukraine” being another example. So now I make a point of saying “the Ukraine” in front of these people.

      1. Polar Socialist

        Best part of the whole thing is that it’s just different transliteration: it’s really hard to hear the difference in pronunciation.

      2. Ignacio

        It is all political positioning stuff. As far as I know it was changed to make the pronunciation more similar to the Ukrainian pronunciation rather than the Russian. This has been done in English certainly not in Spanish where we don’t bother too much with native pronunciations. In Spanish it is still written as Kiev and if we wanted to consider Russian pronunciation we should write it “Kiyev” or “Quiyev” but if we wanted to Ukraine-ize it we should have to change to “Kuyiv” or “Cuyiv” but why bother. It is almost certainly pronounced differently in different Ukrainian regions.

        1. hk

          The change in Korean has been stranger still: it is now Ki-i-pu, rather than Ki-e-pu. Not really easy transliteration into Korean to begin with and both involve much butchering of hte original anyways. I always thought the important thing is where the accent is placed rather than actual pronunciation (am I wrong about this?), and this is not something that gets done well in some languages…

          1. sarmaT

            Nah. Neither where the accent is placed, nor actual pronunciation is an important thing. In Europe, it is common that city/region/country have more or less different names in different languages. For example Hungarians call their country Magyarország. Others call it Hungría, Ungaria, Ungarn, Vengria, Hungorska, Madzarsko, Madzarska, Madyarska, and anything but what Hungarians do. No one is even trying to call it the way they call it, and that is normal. Orban doesn’t care. What’s not normal, is the recent Turkiyeye thing. I can not understand why would anyone want to kiss up Sultan’s rear end, and go along with it.

            This whole Ukranization-of-names-thing is collective IQ test, and the western part of humanity is failing miserably, just like with genders-pronouns-whatever.

            P.S. Long time ago, I’ve spent some time with some South Korean students on some exchange program. The first thing I did is gave them local nicknames, because I just could not rememember nor pronounce their real names. :)

            1. hk

              South Koreans have gotten the “correct name” thing worse than many people, I think, ovee last 20-30 years. One of my pet peeves is the way they insist on calling Chinese people and place names by mangled approximation of Mandarin names, insisting that that’s “the correct” pronunciations. The Chinese themselves tend to be much more lax about it: for all intents and purposes, China is a multilingual country where many minority languages and dialects have their own terminologies. And one of these official minority languages is Korean itself, so you get strange instances where official Chinese govt publications (published in Korean) refer to persons and places by their traditional Korean names, but Soith Kirean media insists on calling them by butchered approximations of Mandarin pronunciations….

            2. hk

              There was that long war over Wilno/Vilna/Vilnius, etc. I syppose the Lithuanians do have a bit of issue on this topoc, too…

              I was pretty amused when Turin insisted on being called Torino during the olympics some time ago.

        1. Terry Flynn

          Gah. That was a close second to chicken supreme (by “Vesta”) in 1970s Britain and something us Gen X latchkey kids could be trusted to cook for ourselves when parents were not yet home and on the 3-4 days a week when we had power.

          The good old days which we seem destined to revisit! ;-)

          (I won’t be passing on my genes so don’t GAF about what atrocities these meals are doing to my bits. Damage was done during childhood and via epigenetics via the Fray Bentos Pies etc that Dad ate before me!

        2. sarmaT

          Wikipedia is not a battleground, but a propaganda outlet of the “Collective West”. It was always full of crap, and is only getting worse.

        1. sarmaT

          Nope. The media got written instructions not to use the “the”. Not joking. I saw table with wrong and right terms & expressions sent to a TV station. It contained “unprovoked Russian aggression” and all the other common expressions used by MSM. The comical thing is that the list was in English, and the TV station is not. The “the” thing is English specific and makes no sense in languages that do not have the “the” equivalent at all. Ukraine in the brain is a mental condition.

        2. barefoot charley

          Can’t remember which Ukrainian maybe a decade ago said calling it ‘the’ Ukraine was racist. So watch it.

          1. Joker

            Those wannabe arians are touchy about racial things, because they constantly lose wars to lesser race that they want to divorce themselves from.

      3. Duke of Prunes

        For what it is worth, about 7 years ago (long before the war), my daughter dated a man of Ukrainian decent – was in his early 20s, immigrated to US maybe 10 years earlier. Anyway, he taught us to say “Ukraine”, not “the Ukraine”… he said he never knew why we add the “the”. We don’t say “the France” or “the Italy”… only add “the” when referring to collection “the USA”, “the USSR”, etc.

        1. Polar Socialist

          There are many stories about the “the”, but the one I find most believable is that when “Ukraine” as a name for an geographical area appeared in the mid 19th century, the area was not well defined at all.

          It was more of a concept, thus in Russian/Ukrainian people would use “na Ukraine” (on Ukraine) instead of “v Ukraine” (in Ukraine). And in English it would be more natural to use “the Ukraine”, like the Nederlands or the Caucasus.

          Nowadays some people day using “the Ukraine” denies Ukrainian sovereignty, while it actually just refers to the fact we’ve learned from 10 years of civil war, that Ukraine is still trying to find what it actually is…

        2. sarmaT

          The Ukraine means that it’s Russian borderland (which is what the name means), and not a real country. That’s why they hate it so much. There have been many Slavic borderlands troughout history (Krajina/Krayina being the more common version of the name), and they want to make themselves unique and non Russian/Slavic.

        3. hk

          He never heard of the Netherlands, the Philippines, and most of all, the United States, I gather?

      4. Not Qualified to Comment

        If the English choose to call a college Mordlin (or Maudlin) but spell it Magdalen (in Oxford) or Magdalene (in Cambidge) that’s up to them, just as it is entirely up to the Russians what they call their railway stations, and decide to spell it.

        Anyone who decides to call it Mordlin College is a fool and looks it.

        1. Ben Panga

          Actually the pronunciation is different: in Oxford it’s pronounced “Maudlin”, in Cambridge it’s pronounced “Magdalyn”.

          I’d reject your thesis as English is not a language with fixed spelling conventions. See for example the many ways “-ough” can sound. Or the posh way to pronounce the name Featherstone. No particular form of English is “correct”.

          I pronounce it Maudlin, being from near Oxford. I do not believe myself to be a fool.

          1. hk

            I always got a kick out of Leghorn (pronounced Liforn, ie Livorno) myself.

            Incidentally, many Chinese maps show Phoenix, AZ, as 凤凰城 (Fenghuang City–Fenghuang is a mythological bird that’s kind of like the Occidental phoenix). I suppose the bottom line is that thinking that there’s a “correct” name for a place in foreign languages gets to be silly….

    3. Maxwell Johnston

      Must have been a slow news day for the BBC’s Moscow bureau (which I suppose is a good thing), so Rosenberg scraped the bottom of his creativity barrel to come up with something to submit to London Central before the deadline.

      Many “squares” in Moscow aren’t actually confined geographical spaces in the sense of Red Square, Place de la Concorde, El Zocalo, etc. They’re often just traffic intersections that some politicians or city planners decided to grace with a title. Nobody refers to them by these artificial names.

      Despite many years living in Moscow, I had no idea that the traffic conurbation by Kiev train station and the Radisson Slavyanskaya was named Europe Square. I had to look it up. It’s a totally artificial name. I doubt any taxi driver would recognize it, and the locals wouldn’t use it for directional purposes.

      Just down the street from our Moscow apartment, there is a big traffic intersection with the fancy official name of “Martin Luther King Square”. Only after 10+ years did I accidentally discover that this place had a name. When I asked my wife (who has lived there most of her life), even she had no idea. Neither did our offspring (even though they use the metro station there regularly). I don’t think most Russians care two figs about silly naming issues like this.

  3. Louis Fyne

    >>>>Joe Biden says he is ‘passing the torch’ to save US democracy FT

    I totally forgot that Biden campaigned for singe-payer health care in the 2020 primaries.

    https://www.washingtonpost.com/graphics/politics/policy-2020/medicare-for-all/

    I wonder if part of the DNC consultancy blob realizes that they bait-switched voters so many times on policy that that only have the “save Democracy” and a few culture war cards left.

    …so Kamala isn’t even going to bother feigning interest in health care.

    1. none

      One of Fox News’s attacks on Harris is that she co-sponsored a single payer bill back in the day. I’d count that in her favor except oops, it was apparently performative.

    2. Pat

      The saving Democracy thing is evermore threadbare. At some point even the most rah rah not in the inner circle is going to recognize that the Democratic Party actively limits voter choice.

      1. ilsm

        They are saving rights of minors to get sex change, abortion to term, and right to censor/gaslight anybody that don’t agree.

        The saving “ our “democracy is more like what Mao’s Red Guard might force.

        1. Chickity China

          >The saving “ our “democracy is more like what Mao’s Red Guard might force.

          If only. Come back, Mao. The world needs you.

    3. marym

      Your link says he “prefers a public option.” That isn’t Medicare for All.

      As we learned in 2009 the “public option” is a proposal to deflect attention from M4A and to preserve private for-profit insurance.

      In 2020 when asked if he would sign a M4A bill if it somehow got through Congress his response was blah-blah-blah reasons why that was unlikely.

      Link

      1. Safety First

        It was worse than that. Back in 2020, he all but said that he would veto a M4A bill if it ever “by some miracle” came to his desk. See: https://www.cnbc.com/2020/03/10/biden-says-he-wouldd-veto-medicare-for-all-as-coronavirus-focuses-attention-on-health.html – Pepperidge Farm remembers…

        In fact, I personally seem to recollect he actually said he’d veto it in one of the debates, but that kind of a quote requires more effort to chase down. And notice in that CNBC article his opposition is built around the “cost”, as in, quote, “where are you going to find $35 trillion”. Which was the main attack line of mainstream Democrats, “how’re you going to pay for it”, and that one was definitely used in the primary debates. Generating endless rebuttals on “progressive” Youtube channels, for all the good that did. It’s a mindbogglingly stupid attack line, of course, but certainly worked on the PMCs in the room.

        Point is, Biden, Klobuchar, all those “mainstream” candidates, they never even pretended during the primaries, they were dead against M4A or anything close to it. Kamala, at least, did a yo-yo deal where she raised her hand in favour of M4A in an early debate, then walked it back in interviews the next day. Meaning, she just wanted votes, and was willing to say anything in the moment to try and get them. In this sense, Biden was, ironically, the more principled one during the primaries (aside from lying a lot, as in his one on one debate vs Sanders).

    4. Oh

      Ever the copycat, Biden could not even use original language. JFK said “Let the word go forth from this time and place, to friend and foe alike, that the torch has been passed to a new generation of Americans, born in this century, tempered by war, disciplined by ..”

      I hope the Democrat torch will burn the whole party down.

  4. zagonostra

    >Biden sidesteps hard truths in first speech since quitting race BBC

    While he said his accomplishments, which he listed in detail, merited a second term in office, he added that “nothing can come in the way of saving our democracy – and that includes personal ambition.”

    There is an excellent summary of Jacques Ellul’s political philosophy at the link below. In it, it states that Democracy is an illusion, and until it is recognized as such, that the reality of “democracy,” in a technological modern society, a mass society, is impossible. Nothing will improve the conditions of the masses as long as this illusion holds sway. He points out that the more politicians talk about “democracy” and “saving” it, the more distance in realty are the conditions which would allow it to become possible.

    Summary of The Political Illusion by Jacques Ellul

    https://youtu.be/69svN4b4cW0?si=EmwRTSzqOetu240A

    1. GramSci

      Thanks. Nice podcast, but I don’t have patience for lectures. This link seems to make similar points in print:

      https://www.resilience.org/stories/2018-11-16/jacques-ellul-a-prophet-for-our-tech-saturated-times/

      Sounds good: Ellul as McLuhan before McLuhan. But for me the defining ‘technology’ of H. sapiens is language. Maybe Ellul makes that connection somewhere. His language-propaganda association is promising and ahead of his time (if not ahead of Orwell and others). so I’ll read more Elull.

  5. zagonostra

    >39% of Americans worry they can’t pay the bills CNN

    As a result of current economic conditions, most Americans say they’ve had to cut back on spending on extras and entertainment (69%) and changed their grocery buying (68%), according to the CNN poll.

    Yesterday when I went to buy some creamer for my coffee, the price of the one that doesn’t have a paragraph of ingredients was north of $6.00. I can afford it, but I didn’t buy it.

    Some prices are now so high that I’ve changed my buying habits. Maybe it’s being raised in a household where there wasn’t much discretionary income. Some grocery items are so high that I refuse to buy them. I drank my coffee black in the past, and I drank it black this morning. I’m curious what the producers of some of these items are going to do when people just stop buying them.

    1. earthling

      The grocery chains are well aware this is happening, and they are responding. Some prices which were jacked up too far too fast have already started coming down.

      In other cases, their solution is the usual tactic, to force you to buy more than you want. Major potato chips came down to 2 for $6 instead of 6 for one bag, because people were walking away. They still insist on getting $6 from you, which if you do that leaves less cash for other inflated goods in the store. I chose 0 for $0, like you did.

      And their favorite new trick is to offer great deals to people who agree to walk around the store using their phone app. A lot of young people are broke enough and submissive enough to agree to this.

      1. GC54

        Hmm, chains here post “2 for $6″(yes sometimes requiring use of data-sucking store card/app), but when you buy 1 only it rings up as $3.

        1. tegnost

          I see 1 bag of chips for 6, but if you buy 5 bags they are 3, but you must buy 5 bags…that says people are not buying to me…I like the occasional chip but no can do.
          Funny in a way because these buy 5 to get a deal are for discretionary things that are often the processed foods no one should buy !2 bucks for a 14 ounces of frozen pizza? I think I’ll have a steak instead, thanks.

          1. ambrit

            “I think I’ll have a steak instead, thanks.”
            First, you’ll have to ‘rustle’ the steer.
            Seriously, I wonder what the data on cattle rustling is like today? It’s just shoplifting with “cutting out” the middleman.

        2. earthling

          Yes, sometimes that is the case. And sometimes it is not, and you get a nasty surprise at the checkout; oh, that’s $4.59 if you’re only getting one. They coach you to relax and assume you will always get the same price if you just get one. Another tactic. All about raising the total amount you spend at checkout.

        3. hk

          Depends on stores. It seems 2 for 6 (4 bucks each if you buy just one–in fine print) is fairly common.

    2. Milton

      Food prices aren’t dropping at all. Maybe a repackaged product, smaller of course, will be priced slightly lower or remain the same but this whole notion of moderating inflation is bunk. People by groceries every week, they don’t buy appliances or electronics on a regular basis so they won’t see the slight drop in prices assigned to those products.
      Btw–that $6 natural creamer is easy to create: 20oz half/half, 1-1.25 cups sugar, 1/2 cup water, and 2 tbl vanilla extract. The recipe is easily searched online. I can attest to its tastiness.

    3. kareninca

      “Yesterday when I went to buy some creamer for my coffee, the price of the one that doesn’t have a paragraph of ingredients was north of $6.00. ”

      I checked Walmart’s website and a big bag (39.5 oz) of dry whole milk (Walmart brand) is $13.12. The only ingredients are dry whole milk, vitamin A palmitate, and D3. I wonder if that would be a good substitute for creamer; a bag that size should last forever (you could freeze part of it). You could even mix in sugar or flavorings.

  6. Mikerw0

    Olympics and COVID, say it ain’t so. My god these people either highly naive or just don’t give a sh*t as long as they can it was a success. Which they will regardless.

    Just look at what happened with the Tour de France. COVID was everywhere. Riders started to mask again, to protect themselves, even before they reimposed pretty weak masking rules. At the Tour is outside.

    Anyone wanna bet that athletes will get it, spread it, drop out, etc.?

    1. Trees&Trucks

      Success of an olympics is measured in the velocity of money and the speed of filling coffers of insiders.

      IOC have at least 70 words for money.

    2. britzklieg

      I will be tempted to watch some track and field events but hopefully my decision to not watch, a small and insignificant boycott as it were, will hold. I admire fine athletes but sorry guys and gals, the Olympics is a fraud and has been for a long time.

      1. Wukchumni

        In the winter Olympics, its pretty much all about sticking the landing and i’m sure a lot of that goes on in the Olympic Village in indoor mixed double competition in the summer games, but it only seems to matter in gymnastics, diving and javelin events.

          1. Terry Flynn

            The joke at my school was that was a porno and people got disappointed when discovering it wasn’t.

            When we never realised that “mahna mahna” in the very first episode of the Muppet Show was a song that genuinely came from a Swedish soft-core porn film.

            1. ambrit

              As if Nigel Kneale would stoop that low. (Although he did use the “theory” that Terran humans are an “engineered” species in his teleplay “Quatermass and the Pit,” back in 1967, the year before the year of the Sex Olympics.)
              Now I feel compelled to try and find that Swedish soft core film, just to hear the original version of the song, of course.
              Ouch! I find out that the ‘Swedish’ film is an Italian “mondo” film called “Sweden: Heaven and H—.”
              Ye original, safe for work: https://www.youtube.com/watch?v=BTKs0-UPguA&ab_channel=CapriShowWorld%5BCapriShowWorld.com%5D

              1. Terry Flynn

                We KNEW the Muppets were subserversive right back in the 70s……we just didn’t realise quite how much!

                It’s like the “anti-woke” YouTubers who rage that a “proper” He-Man still can’t be made. I just laugh and say to myself “have you SEEN that meme of He-Man and Liono from Thundercats in their so obviously homoerotic gear, plus a bunch of characters from the former which, unlike Captain Pugwash, WERE actually well dodgy”?

                Even as a kid I spotted it all. And now I laugh hollowly at the idiots, thinking, actually the late 70s/80s rocked.

                1. ambrit

                  I used to watch The Muppets on Sesame Street in the early days. The Henson crew threw a lot of “adult” humour into the mix. Oh, the Cookie Monster was good for a giggle whenever he showed up. (The time CM slid up to a little girl Girlscout muppet, leered at her and asked, “You got cookie for me?”) Or all of the vampire jokes at the expense of “The Count.” After the “Credentialed Educators” gained the upper hand in the writing and production of Sesame Street, the joy died.
                  As for the costume designs of the Saturday Morning cartoons, well, let us describe it as the Marquis De Sade meets Man Ray., with a little Tom of Finland thrown in for balance. (Man at Arms from He Man would definitely qualify as a Tom of Finland type.)

            2. vao

              “mahna mahna” in the very first episode of the Muppet Show was a song that genuinely came from a Swedish soft-core porn film.

              Did it really? I knew it as an old French song (with some weakly lascivious undertones) by Henri Salvador called “mais non, mais non” — “mahna mahna” is a distorted pronunciation thereof.

              The text can be found here, its interpretation is easily found on YouTube.

      2. John Wright

        My view of the olympic movement is colored by two events.

        In 1936, a 4 gold medal winner Jesse Owens was told to stay in Europe to do exhibitions. Instead, he headed back to the USA and US Olympic officials banned him from amateur events in the future .

        In 1968 black power symbol athletes Tommie smith and john Carlos were also banned from future competition.

        exactly what law did Owens, smith, Carlos break?

        Fraud is a good summary.

    3. Kouros

      I am boycotting the Olympics entirely. With Russia banned and Putin with an arrest warrant for in fact saving children’s lives while Israel is allowed while IOF having killed tens of thousands of children and Bibi still scot free, I resent to provide the time for it. And respect any of the participants for condoning the current state of affairs.

  7. Wukchumni

    It’s a world of slaughter
    A world of tears
    It’s a world of hopes
    And a world of fears
    There’s so much that we’d rather not share
    That it’s time we’re aware
    It’s a small country after all

    It’s a small country after all
    It’s a small country after all
    It’s a small country after all
    It’s a small, small country

    There is just one chosen people who loom
    They need more living room
    And a Merkava means
    Foreclosure to ev’ryone
    Though the dogma divide
    And to think we could live by the tide
    Instead of side by side
    It’s a small country after all

    It’s a small country after all
    It’s a small country after all
    It’s a small country after all
    It’s a small, small country

    1. griffen

      Given the music from Queen a spin this morning, whilst I file my daily TPS reports…all in the name of putting forth my effort for the good of humanity of course. If I don’t fulfill my daily tasks and deliverables, will anyone actually notice? Eh, probably not for one day…but I digress.

      Their tune for Under Pressure could really be an applicable track for our modern America and an election year that presents varied but bleak options. Biden vs Trump! Eh just a sec…Harris ( presumed ) vs Trump. “Our Democracy!” Vs. “Orange Man + MAGA”!!

      1. Bugs

        Bowie and Freddy were very politically aware and that song remains radical. At the time it seemed an odd collaboration but it has aged remarkably well.

  8. DJG, Reality Czar

    Patrick Lawrence, the Wreckage Biden Leaves. I recommend this article to you, brethren and sistren. It may seem like doom and gloom, but it is lucid and well argued. Now, it may be that Lawrence can more easily pile up the record of Biden’s personal and political failures than find something to praise him for. Biden as a moral disaster is easy pickings. And we can all say nice things at the wake.

    Being a writer of wide culture, Lawrence makes these insights: “Biden took office four Januarys ago — remember the inauguration, with that dreadful poet and Garth Brooks bursting out of his jeans? — droning on and on about his dedication to national unity. Forget it. That was one of his more outsized Bidenisms. Joe Biden has put this nation so at odds with itself that he and his flaks have resorted to blaming it on the Russians, the Chinese and lately even the Iranians.”

    And he is right, down to the hysteria about the Iranians and the sermonizing poetaster. (I don’t want to crap on another writer, but have you noticed her disappearance?)

    Like alpha lyman blob, I do not eat popcorn. And I will defer by not passing the vitello tonnato today.

    Pass the dakos!

    1. griffen

      I concur that is a must read and thankful he keeps it fairly tight, a nice summation of the Biden legacy. Many voters would find something to trifle with I’m certain. Look at his Cabinet, so diverse and reflection of America today….yeah about Pete Buttigieg or Secretary Mayorkas, just two examples where measured incompetence does not appear a deterrent in their ongoing roles. At times the sheer idiocy of the Biden administration public statements of policy wins and a great man legacy from the media are just overwhelming in the blind cheering. I’ll concede lowering the price level of insulin is a worthwhile effort. Or the proverbial or supposed fight against monopoly as well.

      I’ll take a beer and some potato chips…if those items are available on a sale price for a comparative bargain of course.

      1. mrsyk

        Two for six bucks on the chips for sure, goes great with slug trap (cheap) beer, seventeen American dollars gets you thirty 12 oz champagne of regrets, and 30 beers it is because this matinee goes on and on.

          1. mrsyk

            Thanks. Cued up for my next break.
            Remind which beer is the one beer to have when you’re having more than one.
            Edit, I was humming the jingle and realized I left out a word

    2. Ignacio

      Vitello tonnato. This is something I will try to prepare this summer for the first time. With salad as a side, i think. One made with lettuce, apple slices and possibly with nuts and the same “tonnato” thing as dressing.

      1. DJG, Reality Czar

        Ignacio: The secret is to slice the veal very thin. And one or two caper leaves–which are readily available in Spain–as garnish. The caper balances the richness of the dish with its tartness.

        1. Ignacio

          Capers leaves, not seeds. That is interesting. As those conserved in olive oil i guess.

  9. DJG, Reality Czar

    Aha.

    Private equity. Greed is good.

    Gecko (although an awfully cute one from Crete)

    Subtle.

    1. griffen

      I shed crocodile tears whilst playing a tiny violin for the greedy bastards of private equity. They’re only smart from all the winning, just always winning, but their loss* column only appears to be vacant, since we’re aware that any loss hits someone else (limited partners, pension plans) or the bankruptcy courts.

      The economic pain of any past, present or future loss is due to unforeseen changes in the economy or in government policy. Nevermind a stacked deck, that typically features heavy fees ( oversight , management, bonuses ) plus newly generated debts.

      1. mrsyk

        Any plebe with backing can make money during ZIRP. Smart might be “smartly attired” or “smart ass” but not smart enough to realize an exit plan at five percent.

      2. spud

        https://www.dissentmagazine.org/article/the-legacy-of-the-clinton-bubble
        ———————————————
        what good are hedge funds? In 1996, President Bill Clinton signed the National Securities Markets Improvement Act (NSMIA), also known as the hedge fund protection act which overhauled state and federal responsibility for securities market oversight. It was part of a series of market deregulations in the Clinton era, advanced with broad Wall Street support and almost no resistance in Congress
        —————————–

        as i correctly predicted, bill clintons disastrous polices of free trade, deregulation, and privatization, means parasites manipulate every thing you do, everything you buy, everything you touch and use, every where you go.

        we cannot recover, till bill clintons disastrous polices have been reversed.

        http://prospect.org/article/what-good-are-hedge-funds

        What Good Are Hedge Funds?

        Hedge funds make big returns by manipulating markets in ways that are illegal for small investors. Remind us: Why are they permitted?

        David Dayen
        April 25, 2016

      1. ambrit

        Not that I know of. But there are a lot of Geordies! (Geordie Gecko? The Faol of Exchange Alley?)

    1. .Tom

      The US Congress won the Olympic Gold Medal in Brown Nosing. Or is their discipline Lobby Transaction Processing?

      1. John

        Simply notice that the emperor’s new clothes are his skivvies and he is trimmed to his true dimensions. I know. I know. Money.Votes. AIPAC. Congress critters are essentially herd beasts. Sheeple. Supporting Israel does not mean approval of each and every action, each and every attitude. I saw this morning that as a courtesy visiting dignitaries have their clothes cleaned. Can it be true that Bibi and wife always bring suitcases full of dirty clothes? Would that not be an extreme of passive aggression? Your host is fit only to wash your dirty socks? But then Bibi appears to be that arrogant at the best of times.

        1. .Tom

          This thing with the laundry is interesting. I took it in the context of Netanyahu’s routine throwing of insults at Biden and Biden just taking it. Actually bothering to transport loads clothing across an ocean plus a sea for the White House to wash, dry, press and fold, and transporting it back to Israel and seeing to it that the press knows about it strikes me as … showing who’s boss. And Biden just takes.

          I’d expect Drunk Auntie Kam and Vance would be the same but I’m not so sure about Trump.

          1. JBird4049

            >>>… showing who’s boss.

            Really? To me, it makes the man look so petty and small while being unworthy of his office.

            1. .Tom

              It’s equivalent to Bibi telling Joey to lie on the floor and to wipe his shoes on his sirt and jacket. Petty? Sure. And humiliating for Joey, the federal government and all Americans. The more petty and ritualized, the more humiliating.

    2. dday

      They replaced the 130 missing Democrats from the Chamber with stand ins. These were chosen for their jumping and shouting ability.

  10. timbers

    NATO Grapples With a New Long Game Against Putin Foreign Policy

    Anyone remember the Original Star Trek episode when, while traveling in deep space, the Enterprise enters a black floating blob? Upon entering, the blob begins sucking the energy out of every living and mechanical thing as it pulls it in closer to it’s center. And…the more they try reverse thrusters to get out, the greater and faster the pull towards the center becomes, and the faster they are drained of energy?

    Then someone suggest a different approach – use their engines to thrust TOWARDS the center. And it works – they begin to slow the march towards the center, and the drain on their energy slows.

    Every leader in The West might benefit from watching that Star Trek episode.

    1. CA

      NATO Grapples With a New Long Game Against Putin…

      Again, thank you for the important comments about the increased estimate of Russian GDP by the World Bank. The estimate makes sense and I expect the IMF will agree. The point, however, is that Russian economic productivity has been significantly underestimated by G7 countries.

    2. CA

      https://data.worldbank.org/indicator/NY.GDP.MKTP.PP.CD

      April 15, 2024

      Gross Domestic Product based on purchasing-power-parity (PPP) for Brazil, China, France, Germany, Hong Kong, India, Indonesia, Japan, Macao, Russia, United Kingdom and United States

      2023

      China ( 35,263)
      United States ( 27,361)
      India ( 14,537)
      Russia ( 6,452)
      Japan ( 6,251)

      Germany ( 5,858)
      Brazil ( 4,455)
      Indonesia ( 4,333)
      France ( 4,169)
      United Kingdom ( 4,026)

  11. Wukchumni

    Had Hiroshima-like mushrooms yesterday afternoon over the High Sierra, and it seemed as if all hell was gonna break loose, so my buddy and I turned into Cloudchasers headed east into Sequoia NP, and by the time we got to Giant Forest, they’d mostly dissipated into the ether.

    I’ll grant that it isn’t the same gig as chasing tornadoes as all the action is turned around in that instead of coming down, massive columns of cloud reached 15,000 to 20,000 feet in the air.

    1. Kouros

      In some silviculture and forest dynamics manual of yesteryear I remember reading that big forest fires, especially in the north, could reach the energy (equivalent not intensity) of nuclear bombs…

  12. zagonostra

    >Trump shooter studied JFK assassination – FBI

    Thomas Michael Crooks also managed to fly a drone around the rally site without being detected, Christopher Wray told Congress…

    Testifying before the House Judiciary Committee on Wednesday, Wray said that an FBI examination of Crooks’ computer revealed that he began researching the JFK assassination on July 6, the same day he registered to attend the Trump rally.

    “He did a Google search for – quote – ‘how far away was Oswald from Kennedy’,” Wray said, referring to Lee Harvey Oswald, the gunman accused of shooting Kennedy in 1963.

    You have to appreciate Chutzpah of the FBI linking Crooks with Oswald, two lone gun men…yeah.

    https://www.rt.com/news/601609-trump-shooter-jfk-fbi/

    1. .Tom

      I guess the FBI hues to the official account like so many other implausible official narratives we hear almost daily. So yeah, two gun men acting alone.

      In considering Crooks’ motives, I have to assume, unlike Oswald, suicide was one. Matt Farwell talks and writes about suicide by cop being a frequent choice of method among former service men. Crooks wasn’t in the services ofc but it does seem like a suicide by cop, among other things.

    2. lyman alpha blob

      If Crooks flew the drone without being detected, then how does Wray know it happened?!?!??

      And why should we believe anything the spooks say?

    3. gk

      Very close. I’ve been to the Texas School Book Depository, and it’s amazing how close it is.

  13. Wukchumni

    Our dad offered us each a grandido circa 1972 if we won an Olympic gold medal, and needless to say none of us collected the moolah, although I went to high school with somebody a grade higher who won an Olympic gold medal in Montreal when she was 16, as an honorable mention.

    Fast forward to the mid 1980’s and I was at an auction in London and was the successful bidder on a 1908 London Olympics gold medal (18k, not the gold-plated junk they give out nowadays) that was awarded for pigeon shooting. (I sincerely hope said pigeons were of the clay variety)

    I got home and drove over to my parents house and practically demanded the thousand bucks from Daddy Warbucks, but it was a no go, as I tested positive for cannabis.

      1. Wukchumni

        I wouldn’t claim that Jill Sterkel looked manly like say an East German distaff swimmer in 1976, but she was certainly no shrinking violet.

        1. mrsyk

          I raced against Dan Simoneau back in high school. That boy won all the (cross country ski) races by irrationally large times/distances. His best Olympic finish was eighth.

            1. mrsyk

              Lol! Dude would win a 20 minute race by two minutes, an unreasonable beating by any standard. And we had horses.

  14. Alice X

    >Branko Marcetic – An Untold History of Joe Biden’s Support for Israel

    A worthwhile survey, I would add to his account of old dreadful Joe in his support for the brutal 1982 Israeli invasion of Lebanon (a holocaust using Reagan’s own term).

    Jeremy Scahill April 27, 2021: [emphasis added]


    1982: Israeli Invasion of Lebanon

    In public, Joe Biden tried to claim neutrality on the Israeli military campaign. In private, he was more enthusiastic about it than the Israeli prime minister.

    In public, Joe Biden was neither a public cheerleader for nor an opponent of Israel’s 1982 invasion of Lebanon. But in a private meeting of the Senate Foreign Relations Committee with Israeli Prime Minister Menachem Begin in June 1982, Biden appeared to support the brutality of the invasion even more than the Israeli government. As Biden’s colleagues “grilled” Begin over Israel’s disproportionate use of force, including by targeting civilians with cluster bomb munitions, Begin said Biden “rose and delivered a very impassioned speech” defending the invasion. Begin said he was shocked at how passionately Biden supported Israel’s invasion when Biden “said he would go even further than Israel, adding that he’d forcefully fend off anyone who sought to invade his country, even if that meant killing women or children.” Begin said, “I disassociated myself from these remarks,” adding: “I said to him: No, sir; attention must be paid. According to our values, it is forbidden to hurt women and children, even in war. Sometimes there are casualties among the civilian population as well. But it is forbidden to aspire to this. This is a yardstick of human civilization, not to hurt civilians.” The comments were striking from Begin, who had been notorious as a leader of the Irgun, a militant group that carried out some of the worst acts of ethnic cleansing accompanying the creation of the state of Israel, including the 1948 Deir Yassin massacre. The details of his exchange with Biden about Lebanon did not receive attention in the U.S. press. Instead, the New York Times focused on what it termed the “bitterest exchange” between Biden and Begin over the issue of Israeli settlements, which Biden opposed because, he said, it was hurting Israel’s reputation in the U.S.

    Doubly ironic, no? In 2018 Israeli snipers shot children in the knees, now they shoot them in the head. Biden got what he wanted after all.

  15. Captain Obvious

    U.S. military representative will serve as an advisor in Armenia’s Ministry of Defense JAM News

    The title should say:
    Armenia’s Ministry of Defense will serve U.S. military representative.

    P.S. Link is not working properly because of “\” at its end.

  16. John Beech

    Yves, how is this not a Ponzi scheme? As I understand the term, new money pays off old, but this Bloomberg article describes PE doing exactly this; shuttling around debts to sell for meeting new obligations! What am I missing? Who regulates PE? What protections do investors have, lawsuits and futile attempts to recover from modern day incarnation of three-card monte?

    1. mrsyk

      This is referred to as locking in investors by denying them the ability to redeem. My experience with this is from the world of hedge funds and is dated. In my day, terms of investment included language that allowed the investment manager to put off redemptions if such redemptions would affect the market and fellow fund investors in a negative fashion. This clause was ripe for abuse, and abused it was.

  17. sarmaT

    Rheinmetall officially receives order from Ukraine to build ammunition factory Ukrainska Pravda

    The project is expected to commence in the short term, with ammunition production slated to start within 24 months.

    Two years. 😁

  18. Wukchumni

    A Belgium visitor walking into the Mesquite Flat Sand Dunes in Death Valley National Park severely burned his feet when he lost his shoes, according to a park release.

    While the air temperature when the unidentified man headed into the dunes last weekend was around 123° Fahrenheit, park staff said “the ground temperature would have been much hotter…”

    According to the release, the man had to be rescued “after suffering full-thickness burns on his feet.”

    The man’s family called for help and recruited other park visitors who carried the man to the parking lot.

    Park rangers determined the man needed to be transported to a hospital quickly due to his burns and pain level. Mercy Air’s helicopter was not able to safely land in Death Valley due to extreme temperatures, which reduce rotor lift. Park rangers transported the man in an ambulance to a landing zone at higher elevation, where the temperature was 109°F, and the man was flown to University Medical Center in Las Vegas.

    Rangers were not able to determine if his flip flops broke or were lost in sand.

    https://www.nationalparkstraveler.org/2024/07/hot-sand-burns-mans-feet-death-valley-national-park
    ~~~~~~~~~~~~~

    The Shoe Is The Sign from Life of Brian

    https://www.youtube.com/watch?v=Ka9mfZbTFbk

    1. JBird4049

      The man was walking around Death Valley wearing flip-flops during the summer? What an idiot.

    2. Kouros

      I had a colleague and friend that served his military service in Algeria in the Sahara, close to the southern border. He recounted how the bedu walk barefoot, with a 2 cm calus on the sole of their feet…

  19. .Tom

    > Rheinmetall officially receives order from Ukraine to build ammunition factory Ukrainska Pravda

    I assume RF can, if it chooses, prevent production from the factory. So what is this? More transfers of money to Western arms makers?

    We know that sending military equipment to be destroyed in UA serves that purpose because US politicians boast about it so it doesn’t seem a stretch that this is the same kind of thing.

  20. Washington Woman

    “AI models collapse when trained on recursively generated data ”

    Cognitive Incest?

    1. Terry Flynn

      Haha. To someone like me, the conclusion seemed patently obvious and a “duh!” moment. However, I am aware I am part of the “old school” where you absolutely did not train your model to “go looking where you expected, and where there were already some hills in the likelihood function”.

      People like me deliberately used what is admittedly a rather inefficient orthogonal approach that essentially looked “all over the x,y axis” (or 3D+ in higher dimensional space). I am always at pains to stress that Bayesian approaches and those trained on data you know to “encompass all logical space” will be faster and better. However, the health economists even back in 2001 when Empirical Bayesian methods were rapidly coming to displace classical methods began to notice oddities and the “get out of jail free card” of the “use a flat prior” began to raise the suspicions of people like me.

      If you train your AI on what’s already commonly out there I fail to see how it can possibly predict with reliability and it will almost certainly kill or ignore all the black swans.

  21. Mikel

    Loss of empire, loss of lucidity – Pearls and

    “The afflicted appear locked into a narrow ideology which leaves little room to adapt their perspective to a rapidly evolving international system…”

    39% of Americans can’t pay their bills. That’s a persepctive.
    And the exact nature of an “evolving international system” remains to be seen.

    1. .Tom

      For Herbie and the Berliners on YouTube you really can’t beat the Henri-Georges Clouzot film of Beethoven 9. It has the feel of a Riefenstahl. Serves the purpose, for me at least, of reminding me to be fearful of cultures making great romantic art at such a scale. Gives me the creeps.

      https://www.youtube.com/watch?v=O3MVY6UiMag

  22. Tom Stonet

    Interesting times indeed with an obviously demented President who has plenty of time to Eff things up before 1/20/25.
    I have dealt with senile dementia, the petulance and lack of impulse control of those so afflicted are difficult to deal with at best.
    The Biden Family needs at least two pardons and a lot of $, they have a big carrot to offer the Cackler, incumbency.
    However, they need Joe to go along…and keep going along.
    And there’s also the issue of how trustworthy Harris is, once she gets what she wants she has no incentive to keep her end of the deal.
    Interesting times indeed.

  23. Tom Stone

    Here in Sonoma County it is tinder dry and the same can be said for Marin County which hasn’t had a big fire since 1928.
    It is going to be a horrific fire season throughout the West and we may well lose a mid size city.
    If you needed one more reason to build a Corsi box Wildfire smoke should provide it no matter what part of the USA you live in.

    1. JBird4049

      I am more worried about the possible death toll. Don’t forget all the windy, narrow one or one-and-a-half car lanes, often with a sheer hillside on one side, threaded throughout Mill Valley and West Marin. There are choke points throughout much of southern Marin Country. The fools insist on having their homes nestled among the untrimmed forest brush with no efforts at fireproofing.

      It looks wonderful, but much of the housing range from over a century ago as summer cottages to midcentury modern with no thought to fire survivability. Midcentury modern housing is particularly open to quick, catastrophic fires. Yes, much of it is redwood forest, but that just means that some of the trees will survive.

      When you think about most of owners are of the professional managerial class, it does show how foolish our governing class is especially as they fight as a group any fight mitigation efforts including controlled burns.

    1. Polar Socialist

      What would be really interesting to watch would be Glenn Diesen talking with Jens Stoltenberg and Andrey Martyanov. Somehow I doubt old Jens would be game, though.

  24. Mikel

    The era of privatisation is nearly over. But cleaning up the mess left behind will take years – Guardian

    The NHS wasn’t mentioned once in that article.
    It’s like those headlines claiming neoliberal economics was near over.

  25. Roger Blakely

    Re: US markets suffer worst day since 2022 as Tesla and AI stocks fall FT

    Here in the lazy days of deep summer confusion reigns. For the past two years big tech and semiconductors for artificial intelligence have been seen as the only island of safety. Two weeks ago the Consumer Price Index came in low, which indicated that the Fed must cut rates within the next few months. The FOMC, which meets on Wednesday, will probably not cut rates at its July meeting. The expectation is that the FOMC will cut rates by one-half percent at its September meeting.

    When the CPI number came in two weeks ago, the market dumped semiconductors and bought the rest of the economy as if it were Morning In America. A rate cut of one-half percent in September will not save us. The Morning-In-America trade will end in tears.

    1. Lou Anton

      Hmm, they’ve signalled that any cuts will be gradual and 25 bps at a time. A half percent (50 bps) would mean something went very badly in the markets/economy between now and September.

  26. zagonostra

    >Elon Musk obeisance to Netanyahu

    I wonder what Bibi has on Elon that he deems it necessary to make comments like below and attend what will certainly go down in history as one of U.S. Congress’s most despicable show of cravenly worship of Thanatos. It’s ironic and fitting that he is being skewered on TwitterX. It’s unfortunate that he controls a platform that is the most popular forum to keep up with developing news, even if coverage is just topical.

    The US Democratic Party has become “openly anti-Semitic,” SpaceX and Tesla CEO Elon Musk has claimed, after Democrat lawmaker Rashida Tlaib called Israeli Prime Minister Benjamin Netanyahu a “war criminal” during his address to Congress.

    https://www.rt.com/news/601656-democrats-antisemitic-elon-musk/

  27. hk

    One thing I’m really curious about is, did anyone really pay attention to what Biden had to say the other day? I was hoping that there’d be some comments here or in the podcast sphere about it, but nothing. I suppose the BBC article pretty much sums up what I was thinking: he didn’t say anything that anybody was interested in. Oddly, he didn’t look too obviously unwell (which raises more questions). A lot of stuff that are significant because they didn’t get brought up….but no one seems to have anything to say about this. Any thoughts on this front?

    1. Terry Flynn

      TBH the whole process seems to have been memory-holed in UK media. All the people I listen to (but diplomatically don’t engage with) around here who have watched the UK MSM say “We are the Borgala. You will be assimilated. Your culture will adapt to service us. Resistance by the MAGAs is futile”.

      I jest but nobody shows any awareness of how badly she did 4 years ago, that laugh, etc. TDS is in full flow. It doesn’t help him that I watched some of his most recent clips and he doesn’t seem to have pivoted half as well as he seemed to do just a year or so ago. Maybe I’m just too tired to seek out the blogs that have shown his better moments but it all seems a bit weird – esepcially when the Guardian (of all newspapers) had a piece interviewing younger voters who said stuff like “at least the Dems have gone from 0% chance of winning to 30%”. If that’s the Guardian’s chant then there’s a disconnect somewhere.

      I’ve largely disengaged and say nothing to people here. Frankly this whole last few weeks defies prediction so I just won’t bother.

      1. JBird4049

        >>I jest but nobody shows any awareness of how badly she did 4 years ago, that laugh, etc.

        Granted, I live in the San Francisco Bay Area with a close view of Kamala Harris’ career, but she has been in government and politics for over two decades and shown no real abilities except for her staff having a high turnover rate.

        Really, the only reasons I have heard for her being elected is that she is a woman of color and since California is mostly a one party state, that was enough. Being good looking and saying all the right buzz words also helped.

        She stank at all the positions she had. It not that hard to find out about what she actually did with a little digging, which means that people do not care to know. This really will not end well.

  28. Ben Panga

    There is a big difference in slant between The Mail and the Guardian reporting on the “Pakistani guy kicked in head and stamped on by police in airport video” story. In a reversal of times past, the Mail is more sympathetic to the victim.

    I’m not sure why half the Guardian story is discrediting the victim’s lawyer. Since Rusbridger went they really have been awful.

    I’m very interested to see how Starmer navigates it. My instinct is he’ll talk about processes and investigations and not much more. Maybe both sides it a bit. Protect the state at all costs.

    I can’t remember seeing filmed British police brutality of this nature before. Social media discourse about it is naturally an AstroTurfed racist cess pool.

  29. Willow

    Given the amount of fake tan they put on Biden, face and hands, he must be ghostly white underneath.

  30. Carla

    Re: Behavior Beats Intelligence. Duh. Kinda like “It doesn’t matter what you say, it’s what you DO that counts.” Sheesh! Did none of these financial geniuses have mothers?

Comments are closed.